2/25/04: Mixed signals are part and parcel of every election year. This was underscored to me recently with the vilification of Gregory Mankiw, the chairman of the White House Council of Economic Advisors. Mankiw had recently commented that the outsourcing of certain jobs overseas was not necessarily a bad thing and in many ways was  good for the long -term prospects of the American economy. This vilification came mostly from the White House, where predictions of job growth seem to shift on a weekly basis. Only time will tell how outsourcing will  ultimately shake out. In the meantime,  if this president wants to be re-elected,  he’ll have to stay on message or, more importantly,  define what exactly that message is. Win or lose, that’s not a lot to ask for from our elected officials. 

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CB RICHARD ELLIS (CHICAGO) Rana Lee and Raymond Zanca have been chosen to lead the firm’s Chicago Private Client Group, a newly created initiative that aims to help private investors with dispositions and acquisitions. Lee was most recently senior director at the firm, which she joined in 1994. She will run new business development and market evaluation for the group. Zanca, who has been with the firm since 1995, will lead the group’s execution arm.

CHELSEA SENIOR LIVING LLC (SUMMIT, NJ) Newly promoted to president and chief operating officer is Roger Bernier, who was previously vice president of operations. Bernier will continue to oversee the firm’s day-to-day operations.

 

GARDINER & THEOBALD (NEW YORK CITY) New to the firm is Vanessa Betancourt, who joins as project manager. She was previously project manager at HLW Design/Build. Betancourt is currently working on two law firm buildouts.

 

JONES LANG LASALLE (NEW YORK CITY) Paul J. Mas has joined the firm’s New York City office as executive vice president, in which he will serve as a senior member of the company’s New York transition team. Mas has more than 20 years of experience in the New York commercial real estate arena.

MERIDIAN CAPITAL GROUP (NEW YORK CITY) Andrew Weiss has joined the firm as head of its Mid-Atlantic region. He will establish a regional headquarters in or around Bethesda , MD. Weiss comes from a senior position at The Prudential Realty Group.

ERNST & YOUNG

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